Capital markets group Anbima publishes rankings of financial institutions

Friday, January 21, 2011

Brazilian capital markets group Anbima has published its end-2010 rankings or league tables of financial institutions active in the country, showing federally controlled Banco do Brasil's (BB) strong place in variable income distribution, but also the roles of big national players such as Itau Unibanco (NYSE: ITUB).

In the domestic market, BB dominated variable income distribution with 60.5% of the market in 2010 for 79.6bn reais (US$47.6bn), while consolidated fixed income distribution was contested by Itau BBA with 23.3%, BTG Pactual with 16.6% and BB with 14.9%, in a segment that moved 25bn reais in 2010.

In terms of coordinators on variable income domestic market issuers, Itau BBA, Bank of America Merrill Lynch (NYSE: BAC), Citigroup (NYSE: C), Bradesco (NYSE: BBD), Santander (NYSE: STD) and Morgan Stanley (NYSE: MS) were all within three percentage points of market share of each other, while Bradesco led the fixed income side with 24.3% of the market.

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To review the full rankings in Portuguese, including foreign issuers, go to this link